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Tag: stock market

Posted on 26/10/2022

Shanghai Tower’s chief architect shares story of being ‘American architect, but made in China’

Strabala's own design office is located right in the famed building, which is adjacent to the neighboring Jinmao Tower and the Shanghai World Financial Center (WFC), in the heart of the Lujiazui ... ( read original story ...)

Posted on 26/10/2022

The Advisor’s Guide to the Current Chinese Stock Sell-off

Trading in Hong Kong plummeted Monday with the Hang Seng Index falling to levels last experienced in 2009 and Chinese tech shares appearing to take the brunt of the hit. The Hang Seng Index was down ... ( read original story ...)

Posted on 26/10/2022

Treat Tesla like it’s a Chinese tech stock, Morgan Stanley says

Tesla will behave like a Chinese tech stock for the next decade, according to Morgan Stanley. Up to half of the Elon Musk-run EV maker's profitability comes from China sales, the bank said. Tesla ... ( read original story ...)

Posted on 26/10/2022

China’s yuan slips again, but state bank buying limits losses

China's yuan extended its slide against the dollar on Wednesday, but the pace of declines slowed after major state-owned banks were spotted selling the greenback in the previous session to stabilise ... ( read original story ...)

Posted on 25/10/2022

China’s yuan extends slide, stock rebound peters out

SHANGHAI: China's yuan extended its decline on Tuesday (Oct 25) to a near 15-year low, following Monday's sell-off in Chinese assets by global investors worried about Beijing's policy direction, while ... ( read original story ...)

Posted on 25/10/2022

Treat Tesla like it’s a Chinese tech stock because of how much profit Elon Musk’s company is making there, Morgan Stanley says

Up to half of the Elon Musk-run EV maker's profitability comes from sales in China – so expect Tesla to behave like a Chinese tech stock, the bank said. ( read original story ...)

Posted on 25/10/2022

Asian Stock Markets Mixed, Muted as Earnings Season Unfolds

Asian stock exchanges were mixed and largely muted on Tuesday, as traders awaited fresh market catalysts or looked for bargains after recent trading floor routs. Hong Kong edged lower, Shanghai was ... ( read original story ...)

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